Velarion Records

Short-term acute care hospital · Frankfort, Kentucky · 118 beds · CMS certification number 180127

Frankfort Regional Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 2025, amended, stamped by CMS May 25, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$133.7M
$133,655,105 · G-3 line 3
Operating expenses
$90.6M
$90,605,900 · G-3 line 4
Result from patient care
$43.0M
$43,049,205 · G-3 line 5
Margin on patient care
32.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $35.8M in its first year on file (1997) to $133.7M in 2025.
  • Its result from patient care: $30.4M (2023), $41.3M (2024), $43.0M (2025).
  • 4 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 3.0% of its inpatient days and Medicare for 16.8%.
  • GREENVIEW HOSPITAL INC holds 100% of it, on its Medicare enrollment.

Every statement is drawn from figures on this page; nothing is estimated.

29 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1997
reopened
$35.8M
$28.8M
1998
settled
$36.1M
$33.0M
1999
settled
$38.9M
$33.2M
2000
as submitted
$42.5M
$37.8M
2001
as submitted
$52.1M
$43.2M
2002
settled
$60.0M
$46.8M
2003
reopened
$62.8M
$50.9M
2004
reopened
$60.5M
$57.8M
2005
reopened
$70.8M
$60.6M
2006
reopened
$76.8M
$64.0M
2007
reopened
$81.6M
$65.7M
2008
reopened
$86.0M
$68.9M
2009
reopened
$91.9M
$71.5M
2010
reopened
$92.6M
$84.1M
2011
reopened
$93.4M
$83.6M
2012
reopened
$84.4M
$75.2M
2013
reopened
$89.8M
$77.4M
2014
reopened
$92.7M
$80.0M
2015
reopened
$103.0M
$87.5M
2016
settled
$106.4M
$92.8M
2017
reopened
$111.5M
$97.0M
2018
settled
$112.2M
$99.0M
2019
settled
$111.8M
$99.1M
2020
settled
$102.9M
$94.7M
2021
reopened
$117.9M
$84.6M
2022
settled
$119.7M
$87.5M
2023
settled
$122.3M
$91.9M
2024
settled
$132.7M
$91.4M
2025
amended
$133.7M
$90.6M

Beside its peers

Short-term acute care hospitals in Kentucky with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Frankfort Regional Medical Center118$133,655,105$90,605,90032.2%
Baptist Health Deaconess Madisonville, Madisonville161$263,686,776$254,519,1593.5%
Deaconess Henderson Hospital, Henderson118$176,299,112$165,562,3596.1%
Ephraim McDowell Regional Medical Center, Danville157$251,934,745$301,617,213−19.7%
Tristar Greenview Regional Hospital, Bowling Green118$148,656,161$117,028,03421.3%
CHI Saint Joseph London, London126$252,399,758$206,910,09318.0%

Patients and payers

Discharges
5,575
S-3 line 14, col 15
Inpatient days
22,803
S-3 line 14, col 8
Beds in use, on an average day
62.6
days ÷ days in year
Occupancy
52.9%
days ÷ bed days
Medicare share of days
16.8%
S-3 cols 6 ÷ 8
Medicaid share of days
3.0%
S-3 cols 7 ÷ 8

Who owns it

  • GREENVIEW HOSPITAL INC100%
  • HCA HEALTHCARE INC100%
  • HCA INC100%
  • HCA SQUARED LLC100%
  • HEALTHTRUST INC - THE HOSPITAL COMPANY100%
  • HOSPITAL CORP LLC100%
  • FRISCO HOLDING II16%
  • HERCULES HOLDING II14%

Related organizations on its own cost report: HCA, home office; HCA ITG, itg; HPG, group purchase; PARALLON, shared services.

Type of control on its cost report: proprietary, corporation.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 180127. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read May 25, 2026.